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Meta Must Face Investor Suit
Meta Must Face Investor Suit After Supreme Court Drops Case
The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica.
Supreme Court Dismisses Meta's Appeal to Block Multibillion-Dollar Suit
The U.S. Supreme Court dismissed Meta 's appeal on Friday to block a multibillion-dollar class-action investors' lawsuit. The high court, who heard arguments in the case earlier this month, left in place an appellate ruling allowing the case to move forward.
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
The Supreme Court has dismissed an appeal from Facebook’s owner Meta Platforms of a lawsuit claiming it misled investors in violation of the Securities Exchange Act.
3h
on MSN
Meta scrambles to respond to upstart social platform Bluesky’s surge
Threads, Meta’s answer to Elon Musk’s X, makes changes to incorporate features that have drawn millions to its much smaller ...
Yahoo
2d
Meta says it’s taken down 2 million accounts linked to ‘pig butchering’ scams
Meta
is making progress in its fight against pig butchering scams. In an update, the company said it has taken down more ...
1d
on MSN
Billionaire Philippe Laffont Sold Millions of Shares of Nvidia and Meta Platforms and Is Piling Into 4 Other "Magnificent Seven" Stocks Instead
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
NOLA.com
1d
What are AI data centers? Here's how the planned Meta facility in Louisiana could work.
Over the past several years, energy use by data centers has grown by 20% to 40% annually. Here's what that could mean for ...
Yahoo
2d
Meta Shuts Down 2 Million Accounts Tied to 'Pig Butchering' Scams
Meta
has shut down over 2 million accounts this year linked to "pig butchering" scams, which trick users into investing in ...
2d
Meta gains steam in its push to make Apple, Google verify users’ ages
A campaign by social media giant Meta to force app store giants Google and Apple to verify the ages of their users is picking ...
23h
on MSN
Supreme Court allows multibillion-dollar class action to proceed against Meta
Investors allege Meta did not fully disclose the risks that Facebook users’ personal information would be misused by ...
5h
on MSN
Meta's Threads lagging Bluesky in attracting former X users after US election: report
Threads microblogging platform has been lagging startup Bluesky in luring users who have abandoned X after Donald Trump’s ...
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